Companies cutting y2k staffs & budgets! : LUSENET : TimeBomb 2000 (Y2000) : One Thread

Some help here PHLEEASE! Can we now assume the job is almost done? Or should we assume they are giving up and cutting their losses? This has been a long night. Going to bed. Got Booze? Scotty

-- Scotty (, March 12, 1999


Scotty, since I am an early riser (versus a nightowl) I get the opportunity to answer your question first--although I am quite certain others will illuminate more in various degrees.

We know that many entities are now engaged in "contingency plans." Washington officially calls this "consequence planning." Has a softer ring. Is it possible that the cutbacks are as a result of this shift in focus?

Alternatively, it would be comforting to think the core reason for the cutbacks is that these companies have finished: 1. assessment 1. inventory. 3. remediation, and 4. INDEPENDENT VERIFICATION OF THE VALIDITY OF THEIR FIXES!

I'll leave further speculation to those who are closer to the forest.

-- FM (, March 12, 1999.

First of all, let's see some verified documentation that a large number of companies are cutting their y2k correction budgets. I saw yesterday that GM has increased its estimate of its y2k repairs to double what it was a year or so ago.

Secondly, is there is widescale y2k budget reduction going on, there is no way for us to know if this means that the problem is less than imagined or if it's so much greater than imagined that companies are planning to go manual or fix on failure in 2000.

-- cody (, March 12, 1999.

For info go to;

-- Scotty (, March 12, 1999.

It very well could be that *some* companies' Y2K workforces are winding down because they are finished performing their tasks. Where I work, we had a group of contractors who were done with the project they were doing before Christmas. But the personnel were absorbed into a project at another firm which will hopefully be finished this summer.

It's the same about the stories of Y2K companies not having any new business. I'd hope that no firm or agency would be so far behind that their start date is today. Those are the folks who should be going straight to the emergency mode.

The telling point is what was the state of the company's Y2K efforts when they began letting the staff go? Is it "We're done! Take the year off." or is it a case of "Jettison cargo and all unnecessary personnel!"?


-- Wildweasel (, March 12, 1999.

Moderation questions? read the FAQ